4613 Edgemont DR, Austin TX 78731

After reviewing 5 recent transactions in BALCONES PARK, I estimate this property's value at $2,077,535. A competitive list price for this home right now would fall in the $1,801,000 to $1,811,000 range. Buyers shopping in BALCONES PARK right now would see this as a well positioned option among 7 comparable homes. The 493 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 2 of the 5 comps lacked one. 7 similar homes are currently available in BALCONES PARK, creating a buyer's market for this price range. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 4607 Balcones DR, Austin TX 78731 carries an adjusted comparable value of $1,660,393, providing a strong data point. With 5 comparable sales in BALCONES PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group